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TLRY

[TLRY] 2021 Cannabis Market Roundup: TLRY and APHA Lead the Way!Cannabis feels so meta sometimes. TLRY leads a 10x market run and then collapses to the worst performing Cannabis company in 2021 lol. Man APHA definitely getting the short end of the stick here haha but they'll all make plenty of money slangin drugs together. Wish I had done a mashup like this a long time ago, lots of fun data. Here's how I've been betting it: 1. APHA/TLRY (TLRY was my #3 before the merger) 2. CGC 3. ACB 4. OGI I threw in GRWG and CLVR here too. GRWG is the shovels and pickaxes of this Green Gold Rush. CLVR a new entrant that looks promising. I have some other minor stakes but these are the Gems. TLRY/APHA leading the pack with OGI coming out of left field recently to supplant ACB and CGC. With OGI finally blowing up, that makes CGC the best value play right now. At similar value, CGC much better company than ACB. Lookin to pick up another load around $23-$26 and we're back on the hunt for that double top ;). APHA and TLRY are priced pretty well here, OGI lookin pretty overpriced. Rest are underpriced.
NASDAQ:TLRYLong
by ProfitHarvest
2
Buy the dip on Tlry. Long term holdBeautiful retracement here on Tilray with gap fill to 30 with a big upside target gap fill in play. We are at support here so its a good time to buy and add a cannabis stock to your portfolio if you have missed the epic pump this week. That pump was great for day trading, this play is a solid long term hold. The weed sector has been on fire this year and I expect it to perform well through Biden's presidency. All time high on TLRY is around 300 so 30 is a fantastic buy and hold opportunity imo.
NASDAQ:TLRYLong
by breakoutfakeout
8
Prime Number Bands 1- Trend analysis: Higher prime numbers mean we are in an uptrend. When the bands are moving upward direction, the market has a Bullish Direction. Lower and lower prime numbers mean we are in a downtrend. (If the bands are moving Downward direction) 2- Volatility: Narrower bands mean stock price is less volatile. Wider bands indicate share price is volatile. 3- Signals: In an uptrend look for a spike down in prime band for a long position entry. in a downtrend look for a spike up in a prime band for a short position entry.(Not my favourite scenario, though!)
ASX:BHP
by apadanaforex
TLRY The Move Has Only Just Started.First of all, what a great week this was! We have worked hard to chart and track the moves, ever since the $APHA reverse merger was announced, and anticipated upside. It was phenomenal, the way the waves just kept extending. It was surprisingly easy as well. Any trading mistake we made, was forgiven and rewarded with a higher high, all the way until we saw that hourly reversal candle. Let us remember the above for the next time we are in an explosive move, so that we can remind ourselves with more confidence, that it is time to lock in profits. I have been trying my best to keep up with the counts of the sub waves of this spike. The day before it plunged, I noticed that I had ran out of labels to keep marking any potential further extensions. I am wondering if this is a coincidence, and made a note for future reference. Where are we now? It is hard to keep track of several degrees all at once, but I have made a careful assessment of intermediate degree and its subdivisions. Intermediate 1, I have aligned with the broader industry, and intermediate 2, I have more or less assumed, based on where it bottomed. The chart here, shows intermediate 3 and its subdivisions. Notably, intermediate 3 hasn't topped yet. What is that spike? The spike is clearly a third wave, but its subdivisions tell me that the short squeeze happened during subminuette 5 of minuette 5 of minute 3. This suggests that we are currently looking at minute 4, and that minor 3 and intermediate 3 are not yet done. That makes sense to me, if you zoom out even further. This is a recovery rally, and ultimately, all strong LP's should make a higher high this year (or next). Also $TLRY. What is next? First, lets have a look at the daily chart: We have a reversal candle at the top, a steep drop, and we closed the week with another reversal candle. If we look at the 4 hour chart, you see that the circled setups are each others inverse: To me, these two charts signal a potential bottom and we should be looking for a bounce. How much of a bounce depends on next week's (bull) volume. What to expect next week? We should expect a minute wave 4. The first minute correction, minute 2, was a flat. The Guideline of Alternation says we'll get anything but a flat this time. We can choose between a zigzag, a triangle, a double three or a triple three. We've just completed a zigzag down, so theoretically, she could break out again, right here. But considering the volume, I anticipate buyers to rotate to another industry, and leaving cannabis alone for 3 to 6 weeks. We need to keep an eye on signs of strength, and take it one day at a time. Studying spikes during a bull market, there is usually a period of sideways ranging, before choosing direction. Just a thought Usually, when assets spike like this, investors need time to digest the move. Indeed we could make another spike next week, but it wouldn't be reasonable not to assume that a base will form first, before continuing on a more sustainable rally upward. There is a reason to assume that most investors are still terrified because of what happened in 2018. That was a bear market. We need to learn now, that bull markets see larger moves upward, and smaller moves down. The larger trend is up, back then, the larger trend was down. $TLRY has a small float, and with $APHA, they are a world wide play with an entry into the US, with Simon's drinks play. Make no mistake. There is a lot of word that drinks are the way to go. Study Sweetwater. These guys are THE play, but the merger has to complete. If it does, then there is no telling where Primary wave 3 will end. That is the intra year wave we are riding. Send me some coin? Did you guys know that Tradingview has its own currency now? I've just used another 2 hours to make this post. How many of my posts have you enjoyed? Have you earned from my posts? Would you like me to continue posting? How many hours do I put in sharing my thoughts? Do I have to, for me? Think about it. These are designed for you to reward content creators for their efforts. If you donate me some, I can use that coin on my plan or realtime data, and it is a great way for you to give something bank. I mean back. Send me $1 worth, and you'll make my day :-)
NASDAQ:TLRY
by Barkworth
17
SNDL - lets grow some greenThey say money doesn't grow on trees.. well I say otherwise..Wait for the MACD to cross then I'm going to grow some money on the SNDL tree. Bounce off the 100EMA, last time was 25% away from it, this time the same. Now that's just speculation on my part and is somewhat meaningless, what matters most is that it is above the 200MA and the MACD signal line below 0, just wait for it to cross and let probabilities do the rest! But do not enter too early! Happy trading! Like/Follow and share.
NASDAQ:SNDLLong
by Verum0
12
$TLRY : Yes, I stepped over a rattlesnake buying it @$44-32.7 :(This is my approach after today´s $TLRY sell off or should I say, tsunami? I projected a possible long term trendline from before the "pump" and it took me to... about current price. I also see a possible channel following "more or less" such trend, and it takes me to exactly the current place, in a $31-37 "ish" zone. Presently clueless as to where it is headed, just describing the present situation. Comments welcome and encouraged. And yes, I bought several times today, under the wrong idea that 20,30% falling was enough. No, it was NOT enough. I made several purchases between $44 and 32.75, ending up with a $39.54 average cost per share. Not proud about it. Go ahead. Tell me.
NASDAQ:TLRY
by Ivanbole71
6
Which Cannabis Stocks make you more High..?It is obvious in the last 6 months a new trend started in most cannabis related stocks and most of them rewarded Theron shareholders with decent rewards..! The front runner so far was sundial grower with +440% gain in last 6 months followed by Tilray, CNN, and Canopy. In my view sundial and CANN can reward their shareholders with higher profits not because they are fundamentally better companies, but because of their lower market cap..! The question is what kind of experience are you looking for??? This is just my technical view, and I wrote this because I see these stocks gaining momentum..! I don’t promote any cannabis consumption by any means..! Moshkelgosha
NASDAQ:CGC
by Moshkelgosha
4
TLRY Make Sure to Take Some ProfitsCircled, is an hourly reversal candle, followed by a confirmation. This is the first sign that the top may be in, or near. The after hours move looks bullish, but stopped at the 1.272 extension of the drop. It is a 3 wave move, so we could be looking at the hourly reversal candle to mark the orthodox top. Gann teaches us that volume is often the highest near or at tops. $65.73 is an important level. We may need to consolidate before breaking it. We would have completed wave 3 of 3, and after a decent wave 4, we should see wave 5. But these moves take time, and waves 5 don't always make new highs... The fact that the bounce went well past the 1.618 extension of the first two waves, could be the first clue that we have some more upside in this move. We do have a decent series of extended waves, so we could see a nice series of 4-5's. Still, it is important not to get greedy, and lock in some gains.
NASDAQ:TLRY
by Barkworth
11